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Nov 30, 2012
11/12
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they say the only way to a palestinian state it is through direct negotiations. we all know that has not worked in the past years, especially the obama administration. the administration has failed, actually, to do anything for the peace process, and some are hoping it might change with the new administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's cross over to our correspondent who is standing by for us there. the israeli prime minister has condemned the palestinian move. can you tell us more about how israel views this? >> i think israel is concerned that through this upgrade, palestinians could challenge israel legally and diplomatically now. in past weeks, we have heard the israeli government saying that this is a unilateral move that violates the oslo court, that the house indians are aiming to join the international criminal court, and it preempts the united nations. i think for israel right now, the concern is on the dip
they say the only way to a palestinian state it is through direct negotiations. we all know that has not worked in the past years, especially the obama administration. the administration has failed, actually, to do anything for the peace process, and some are hoping it might change with the new administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's...
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Dec 5, 2012
12/12
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KQED
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with time ticking away to reach a deal before tax cuts expire and spending cuts hit, president obama today said he's still optimistic a deal will be done and he's willing to compromise, but negotiations just aren't there yet. >> it's going to require what i talked about in the campaign, which is a balanced, responsible approach to deficit reduction that can help give businesses certainty and make sure the country grows. >> tom: the president rejected the proposal republicans presented him yesterday. it would cut the debt by $2.2 trillion over ten years, but would not raise taxes on america's highest earners, the biggest sticking point. the two sides seem to be allowing themselves room to bargain. the president said today he'd be open to lowering tax rates for high earners later next year as part of a broad tax reform package. and senate republican leader mitch mcconnell did not directly endorse the g.o.p. plan. for now, house speaker boehner put the ball in the president's court, releasing a statement: "the president now has an obligation to respond with a proposal that can pass both
with time ticking away to reach a deal before tax cuts expire and spending cuts hit, president obama today said he's still optimistic a deal will be done and he's willing to compromise, but negotiations just aren't there yet. >> it's going to require what i talked about in the campaign, which is a balanced, responsible approach to deficit reduction that can help give businesses certainty and make sure the country grows. >> tom: the president rejected the proposal republicans...
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Dec 1, 2012
12/12
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CNBC
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one of the reasons president obama's come into these negotiations from what he believes is a position of strength is because he's looking at polls that show that the majority of americans will blame a gop-held house of representatives if we do indeed go off a fiscal cliff. so he's coming into this with basically a list of demands without making any concessions. >> he'll be blamed historically. if he has a second recession on his watch, the history will be written that he presided over two recessions. that's why i refer to him as herbert hoover. [ overlapping speakers ] >> he can't play that game. he can bluff but he can't play that game. >> it's not a bluff. this is not a bluff. >> you think he would take a second recession? >> well, a second recession? >> if all the tax cuts are repealed. all of them. we're going into recession. that's why the congressional budget office said. you think he would risk a second recession that would destroy his second term? >> i think he understands the law of the land today is that everybody gets a tax increase. he's trying to give 98% of the public a
one of the reasons president obama's come into these negotiations from what he believes is a position of strength is because he's looking at polls that show that the majority of americans will blame a gop-held house of representatives if we do indeed go off a fiscal cliff. so he's coming into this with basically a list of demands without making any concessions. >> he'll be blamed historically. if he has a second recession on his watch, the history will be written that he presided over two...
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Dec 7, 2012
12/12
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the obama administration, president obama, during the campaign, has been open about his desire to try to engage iran bilaterally, a last ditch effort of diplomacy before resorting to other options. would a bilateral negotiation, were that to come about, give the u.s. an opportunity to engage on human rights issues? i mean, the u.s.' general policy is they want to keep it limited to arms control, but is that proper, or is there an opportunity or a window for the u.s. to engage with iran? >> there's always been a con accept issue -- there is a group of -- one point of view success that the agenda should be kept narrow because otherwise it gives the iranians the opportunity to diverse, talk about afghanistan, bahrain, syria, talk about this, that, and so the agenda has to be narrow as a need of focusing on the issue of the principle concern. that's one. that's con accept issue, as far as i can tell was never resolved. when an issue remains unresolved, the status quo revails. i suspect, given the fact the issue of a bilateral conversation is a last ditch effort, likely to remain focused.
the obama administration, president obama, during the campaign, has been open about his desire to try to engage iran bilaterally, a last ditch effort of diplomacy before resorting to other options. would a bilateral negotiation, were that to come about, give the u.s. an opportunity to engage on human rights issues? i mean, the u.s.' general policy is they want to keep it limited to arms control, but is that proper, or is there an opportunity or a window for the u.s. to engage with iran?...
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Nov 29, 2012
11/12
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CNBC
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geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos wednesday. they offered support for resolving the fiscal cliff crisis with a proposal that includes higher taxes for those who make more than a quarter million dollars a year. >> at this point both sides have acknowledged that there is going to be revenue concessions and there will be entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in the business context as close as they are, i would say a deal would be in reach. >> interesting. bill ford jr. agrees with blankfei
geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos...
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Dec 4, 2012
12/12
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cliff. >>> and president obama is meeting with a group u.s. governors today around 10:00 a.m. eastern. it includes jack markell, mary fallon, scott walker. the governors will discuss how the fiscal cliff will impact their states and possible solutions. it's also expected to meet with house republicans, as well, this week. >>> and oracle is amongst the latest of speeding up their dividend pay outs to avoid possible tax hikes because of the fiscal cliff. they will pay dividends a total of 18 cents a share for the next three quarters. larry ellison didn't take part in the decision, but he will benefit. he own as 23% stake in the company, so he'll receive around $198 million. yes, you heard it right. oracle stock down 0.8% despite that in frankfurt. still to come, interest rates in australia are moving down. down under. find out what central bank is worried about when we come back. >>> australia central bank held its rate setting meeting. matthew taylor has the details. >> the market had been pricing in a 25 basis point rate cut and the reserve ba
cliff. >>> and president obama is meeting with a group u.s. governors today around 10:00 a.m. eastern. it includes jack markell, mary fallon, scott walker. the governors will discuss how the fiscal cliff will impact their states and possible solutions. it's also expected to meet with house republicans, as well, this week. >>> and oracle is amongst the latest of speeding up their dividend pay outs to avoid possible tax hikes because of the fiscal cliff. they will pay dividends...
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Nov 30, 2012
11/12
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FOXNEWSW
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i think lots of democrats on the hill felt that in the past president obama has negotiated with himself rather than forced the republicans to come forward with their own deal, and republicans have yet to come forward with a deal. martha: that's a fair point. >> what the president's staff said yesterday, was, you know the president has already had a trillion dollars in cuts made under his terms. he wants to see from the republicans if they are willing to do something significant in terms of those revenue increases. we had the broad outlines of a possible deal, because what speaker of the house john boehner said he wants in the neighborhood of 400 billion. obama is asking for 1.6 trillion. you can see somewhere in the middle as a possible negotiating or compromise point. >> we should remind everybody the president has been talking about entitlement reform for four years. "the washington post" reminded them this might ab good time to lead because you're the president. martha: it feels like there is a real opportunity here for some history-making leadership and we'll see if we get it. thank
i think lots of democrats on the hill felt that in the past president obama has negotiated with himself rather than forced the republicans to come forward with their own deal, and republicans have yet to come forward with a deal. martha: that's a fair point. >> what the president's staff said yesterday, was, you know the president has already had a trillion dollars in cuts made under his terms. he wants to see from the republicans if they are willing to do something significant in terms...
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Nov 30, 2012
11/12
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>>> president obama makes his opening bid in the debt negotiations -- >> last call. 1,200. >> -- but republicans are not buying. >> would the gentleman please cooperate. >> what will it take to bring the two sides together to avoid the fiscal cliff? judd gregg and ed rendell will join us the co-chairs of the fix the debt campaign. >> venture capital fund behind clout. third hour of "squawk box" will begin right now. ♪ ♪ i have never seen anyone looking so fine ♪ >>> welcome back to "squawk box" here on cnbc. first in business worldwide. i'm joe kernan along with becky quick and steve liesman. andrew ross sorkin is being waited on right now by staff somewhere in a third world country. guest host this morning, 1 percenters do when on vacation. our guest this morning, even at ceo has not been treated -- served like this, i don't think. larry, former chairman and ceo of honeywell and cnbc contributor. more from larry in just a minute. steve has your headlines. did you hear about this place? >> i didn't hear about it. i really want to know. you vice president told me in the break an
>>> president obama makes his opening bid in the debt negotiations -- >> last call. 1,200. >> -- but republicans are not buying. >> would the gentleman please cooperate. >> what will it take to bring the two sides together to avoid the fiscal cliff? judd gregg and ed rendell will join us the co-chairs of the fix the debt campaign. >> venture capital fund behind clout. third hour of "squawk box" will begin right now. ♪ ♪ i have never seen...
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Dec 5, 2012
12/12
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fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
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Dec 5, 2012
12/12
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on the fiscal cliff and the negotiations before the business roundtable. we'll bring that to you live in just a few minutes. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> with the internet streaming space, hey, there melissa, we're looking at netflix bouncing around based on comments from the chief content cipher but the stock took a bit of a hit when he said that netflix has to plans to cover the costs of the disney deal. nevertheless causing the stock to come off the best levels of the day. back to you, carl. >>> the president is about to speak in front of the business roundtable. good morning, john. >> good morning, carl. he's talking to the business roundtable. you can expect him to highlight one aspect of the discussion
on the fiscal cliff and the negotiations before the business roundtable. we'll bring that to you live in just a few minutes. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be...
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Nov 30, 2012
11/12
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boehner/obama dynamic before. the lessons from that weren't universally positive. >> you have to keep at it. that's what the american people expect of everybody in washington to sit down and work together and work this thing out and not use other people to be your spokesperson and trying to work out negotiation. the president needs to be here in washington, d.c. in the conference room working out this problem. that's what he was elected to do. >> clearly he will be in pennsylvania and watching that as well. congressman, thank you for your time. >> thank you for having me. appreciate it. >> congressman jim gerlach. >>> coming up next, rick santelli is champing at the bit today so we moved up santelli exchange an hour earlier. don't miss his take on costco. >> we have an exclusive interview with goldman sachs chief u.s. equity strategist david kostin. he thinks the market will rise 12% next year. he'll give you his five best investment ideas. stay with us. if you are one of the millions of men who have used androgel
boehner/obama dynamic before. the lessons from that weren't universally positive. >> you have to keep at it. that's what the american people expect of everybody in washington to sit down and work together and work this thing out and not use other people to be your spokesperson and trying to work out negotiation. the president needs to be here in washington, d.c. in the conference room working out this problem. that's what he was elected to do. >> clearly he will be in pennsylvania...
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Dec 7, 2012
12/12
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never, ever show modesty when you are negotiating with middle easterners. [laughter] windows something about trade. we know something about negotiations. you go to a negotiation with limited negotiation and you lose everything. this is the attitude you need to have. >> i wanted to ask a question about the relationship about a strategy of economic pressure which the u.s. in the west is pursuing against iran and human rights. i would phrase it this way -- the u.s. clients and the p-5 claim and there is evidence for it that this has devastated the oil exports for iran -- there's a counter argument that sometimes this punishes average iranians in this process. nevertheless, there is clearly, perhaps for the first time, evidence that we have sections that may deserve the phrase crippling to be attached to them. do you have any evidence -- let's start with emanuele - that this economic pressure is weakening the regime and as a weaker -- respond by only cracking down harder or is there some scope for hope that it will help the human rights picture in iran? >> ther
never, ever show modesty when you are negotiating with middle easterners. [laughter] windows something about trade. we know something about negotiations. you go to a negotiation with limited negotiation and you lose everything. this is the attitude you need to have. >> i wanted to ask a question about the relationship about a strategy of economic pressure which the u.s. in the west is pursuing against iran and human rights. i would phrase it this way -- the u.s. clients and the p-5 claim...
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Dec 6, 2012
12/12
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. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's not going on the publicly. >> they've got to come with some specific revenue. they have refused to do that. >> we need that consensual break through. >> although the president seems obsessed on raising taxes for you. >> that is a bad strategy for america, it's a bad strategy for your businesses and it is not a game that i will play. >> is the administration prepared too go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the wealthiest 2%. remember it's only 2%. >> with just 25 days to go, the political satandoff could cost the u.s. millions of jobs. professor, good to have you back, good morning. >> good to be here, thanks. >> good read in the journal yesterday from you and if anybody needed to worry about this more, you invoke carter, you're talking about 1980. kind of scenarios if in fact we go over
. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's not going on the publicly. >> they've got to come with some specific revenue. they have refused to do that. >> we need that consensual break through. >> although the president seems obsessed on raising taxes for you. >> that is a bad strategy for...